APRA publishes updates to the Superannuation Data Transformation frequently asked questions
The Australian Prudential Regulation Authority (APRA) has published two new and three updated frequently asked questions (FAQs) on the Superannuation Data Transformation (SDT) project.
Together with these changes, APRA has also made updates to the worked example on reporting investments under SRS 550.0 Asset Allocation including providing further examples of reporting on derivatives.
The SDT FAQs are available on the APRA website at: Frequently Asked Questions - Superannuation Data Transformation.
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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.